
$1,650,000
Apartment for Sale, 1800 NW 19th Ter, Miami, Florida 33125
- MLS#A12011729
384 m² (4,138 ft²)
Listed By Fausto Commercial Realty Consultants Inc
The Apartment for Sale located at 1800 NW 19th Ter, Miami, Florida 33125 is currently for sale.
Description
Rare opportunity to acquire a high-performing, income-generating 4-plex in the heart of Miami’s booming Allapattah neighborhood. Strategically located just blocks from the Miami Health District (Jackson Memorial/UM), this property is a turnkey "bunker" delivering a massive $12,650 in monthly gross income ($150k/year). The building features two large 3-bedroom/2-bathroom units and two spacious 2-bedroom/1-bathroom units of solid 1979 CBS construction on a generous 7,072-square-foot lot. What truly sets this asset apart is the unrivaled on-site parking: 12 dedicated spots provide a 3:1 ratio that is virtually non-existent for any multifamily property in the City of Miami, offering a significant competitive edge for tenant retention and future rent appreciation. With T4-R (Urban Centre Zone - Transition) zoning, the property offers long-term development density upside in a supply-constrained district fueled by the Health District workforce and the expanding Wynwood/Edgewater corridor. Whether you are looking for a stable 1031 exchange vehicle or a strategic land-bank with high-yield immediate returns, this Allapattah gem hits every mark. Do not disturb tenants.
Location
1800 NW 19th Ter, Miami, Florida 33125
Property features
Property
- Property size:
384 m² (4,138 ft²)
Construction
- Year built: 1979
- Roofing: Concrete
- Construction: Cbs ConstructionConcrete/Block
Interior Features
- Floors: TileTerrazzo
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: Public Sewer